The company clarified that the orders were received in the normal course of business and do not include any internal orders. It added that the promoters, promoter group and group companies have no interest in the entities awarding the projects, and the contracts do not qualify as related party transactions.

NCC is engaged in the infrastructure sector, primarily in the construction of industrial and commercial buildings, housing projects, roads, bridges and flyovers, water supply and environment projects, mining, power transmission lines, irrigation and hydrothermal power projects, etc.

The company reported a 5.1% decline in consolidated net profit to Rs 154.70 crore in Q2 FY26, compared to Rs 162.96 crore recorded in Q2 FY25. Revenue from operations also declined 12.6% year-on-year (YoY) to Rs 4,543.01 crore in Q2 FY26.

The counter rose 0.84% to Rs 161.70 on the BSE.